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Gotham Asset Management LLC lowered its holdings in Adtalem Global Education Inc. (NYSE:ATGE – Free Report) by 46.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,986 shares of the company’s stock after selling 17,185 shares during the period. Gotham Asset Management LLC owned about 0.05% of Adtalem Global Education worth $856,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of ATGE. Royal Bank of Canada lifted its position in shares of Adtalem Global Education by 65.2% during the 3rd quarter. Royal Bank of Canada now owns 727 shares of the company’s stock valued at $27,000 after buying an additional 287 shares during the last quarter. Ronald Blue Trust Inc. lifted its position in shares of Adtalem Global Education by 336.1% during the 3rd quarter. Ronald Blue Trust Inc. now owns 737 shares of the company’s stock valued at $32,000 after buying an additional 568 shares during the last quarter. Lazard Asset Management LLC purchased a new position in shares of Adtalem Global Education during the 2nd quarter valued at $35,000. Center for Financial Planning Inc. purchased a new position in shares of Adtalem Global Education during the 2nd quarter valued at $44,000. Finally, Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Adtalem Global Education during the 3rd quarter valued at $56,000. Hedge funds and other institutional investors own 95.77% of the company’s stock.
Adtalem Global Education Price Performance
Shares of NYSE ATGE opened at $50.08 on Friday. The firm has a market capitalization of $1.96 billion, a P/E ratio of 18.34, a P/E/G ratio of 0.69 and a beta of 0.92. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51. The stock’s 50-day simple moving average is $52.97 and its two-hundred day simple moving average is $51.30. Adtalem Global Education Inc. has a twelve month low of $33.59 and a twelve month high of $62.99.
Adtalem Global Education (NYSE:ATGE – Get Free Report) last announced its earnings results on Wednesday, January 31st. The company reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.23. The business had revenue of $393.24 million for the quarter, compared to analyst estimates of $372.79 million. Adtalem Global Education had a return on equity of 13.05% and a net margin of 7.93%. The company’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.17 EPS. As a group, equities analysts anticipate that Adtalem Global Education Inc. will post 4.64 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research firms recently issued reports on ATGE. Barrington Research boosted their price objective on Adtalem Global Education from $55.00 to $65.00 and gave the company an “outperform” rating in a research note on Friday, January 19th. StockNews.com lowered Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 7th. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $56.67.
Check Out Our Latest Stock Report on Adtalem Global Education
Adtalem Global Education Company Profile
(Free Report)
Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.
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